true or false 10/26/2015 09:35 AM 4 9.3/100 Question 3 of 10 There are trade-off

Question

true or false 10/26/2015 09:35 AM 4 9.3/100 Question 3 of 10 There are trade-offs associated with international trade. From the list below, classify statements that are consistent with mainstream economists' views on international trade as "True" and statenents that are inconsistent as "False True False International trade leads to lower prices and increased variety for consumers in the importing nation. In the te, international is beneficial. International trade is unwise during International trade improves a recession when unemployment is high. the well-being of everyone. Trade between two countries will make one country better off and the other worse off Previous Give Up &View; Sclution Check Answer Next Hint

Explanation / Answer

1. International trade leads to lower prices and increased variety for consumers in the importing nation-True

2.International trade is unwise during recession-False

3.Trade between two countries will make one country better off and the other worse off-False

4. In the aggregate international trade is beneficial-True

5.international trade improves well being of everyone-False

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